Stacks price spikes as BTC soars above $27k: Is it a buy now?

Stacks crypto price has jumped by over 11% from its lowest level last week.
The coin jumped after Bitcoin soared above $27,000.
Stacks price jumped by more than six percent on Monday as cryptocurrency recovery continued. The STX token rose to a high of $0.5023, the highest level since August 31st. It has risen by more than 13% from the lowest level this year.
Bitcoin price spikes above $27k
There was no Stacks-specific news that helped to push its token price higher. Therefore, this price action